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Parent Company Financial Information (Tables)
12 Months Ended
Dec. 31, 2015
Organization, Consolidation and Presentation Of Financial Statements [Abstract]  
Schedule of balance sheets

 

Balance Sheets
                   
December 31,   2015     2014     2013  
Assets                        
                         
Cash   $ 184,366     $ 283,796     $ 296,245  
Investment in The Bank of Glen Burnie     33,882,666       33,557,329       31,292,459  
Investment in GBB Properties, Inc.     104,570       254,870       255,170  
Due from subsidiaries     6,211       2,095       2,067  
Other assets     8,000       8,533       11,957  
                         
Total assets   $ 34,185,813     $ 34,106,623     $ 31,857,898  
                         
Liabilities and Stockholders’ Equity                        
                         
Other liabilities   $ 10,000     $ -     $ -  
Dividends payable     -       276,096       274,737  
Total liabilities     10,000       276,096       274,737  
                         
Stockholders’ equity:                        
Common stock     2,773,361       2,760,964       2,747,370  
Surplus     9,986,064       9,854,119       9,713,335  
Retained earnings     21,718,122       21,112,714       20,300,531  
Accumulated other comprehensive income (loss), net of benefits     (301,734 )     102,730       (1,178,075 )
Total stockholders’ equity     34,175,813       33,830,527       31,583,161  
                         
Total liabilities and stockholders’ equity   $ 34,185,813     $ 34,106,623     $ 31,857,898  
Schedule of income statement
 
Statements of Income
          
Years Ended December 31, 2015  2014  2013 
          
          
Dividends and distributions from subsidiaries $678,000  $980,000  $980,000 
Other expenses  (86,843)  (77,375)  (76,005)
Income before income tax benefit and equity in undistributed net income of subsidiaries  591,157   902,625   903,995 
Income tax benefit  31,958   28,136   27,970 
Change in undistributed equity of subsidiaries  729,501   983,765   1,682,212 
             
Net income $1,352,616  $1,914,526  $2,614,177 
Schedule of statement cash flows
 
Statements of Cash Flows
          
Years Ended December 31, 2015  2014  2013 
          
          
Cash flows from operating activities:            
Net income $1,352,616  $1,914,526  $2,614,177 
Adjustments to reconcile net income to net cash provided by operating activities:            
Decrease (increase) in other assets  533   3,424   (7,665)
Increase in other liabilities  10,000   -   - 
(Increase) in due from subsidiaries  (4,116)  (28)  (705)
Distribution from Investment in GBB  150,000   -   - 
Change in undistributed equity of subsidiaries  (729,501)  (983,765)  (1,682,212)
             
Net cash provided by operating activities  779,532   934,157   923,595 
             
Cash flows from financing activities:            
Proceeds from dividend reinvestment plan  144,342   154,378   118,821 
Dividends paid  (1,023,304)  (1,100,984)  (822,073)
             
Net cash used in financing activities  (878,962)  (946,606)  (703,252)
             
(Decrease) increase in cash  (99,430)  (12,449)  220,343 
             
Cash, beginning of year  283,796   296,245   75,902 
             
Cash, end of year $184,366  $283,796  $296,245